Teuton Resources Corp V.TUO

if there actually is a spinout dividend

[highper]

You won't collect it if you don't own any shares by the announced dividend closure date... 1 cent 2 cents 5 cents 10 cents 20 cents 30cents for the newco.. how would i know... All i can say is I suspect the current teuton share price does not reflect much of any value for the luxor property holdings.. That is a backhanded way of opining that i do not think the teuton share price will miss a significant beat when the luxor properties are split away from it. well what do i know...i can only speculate...

[NOMOREROLLBACKS]

I'll say it again..... Tueton is a resource company. They accept money and shares and production income if another company wishes to explore and develop their property. They may invest in the other company shares on private placements..... End of story....... 

[NOMOREROLLBACKS]

In order to collect spinoff shares you must own clear and free all your shares. If you buy shares after or on the declared date you will not receive spinoff shares as you do not own them yet!!!!!! 

[NOMOREROLLBACKS]

IF AND WHEN ANYONE KNOWS WHEN THE ACTUAL DECLARED DATE IS GOING TO BE, PLEASE POST IT HERE..... 

[highper]

the shareholders have to vote on a spinout so the date of issuance of the newco shares should be well advertised.... hopefully the potentiality of a spinout dividend will attract some anticipatory interest in teuton shares... we'll see... 

[NOMOREROLLBACKS]

The date is set by the board prior to approval and unknown to non insider shareholders until a news release. Tudor did this and I did not receive gstm spinout shares for the Tudor shares I purchased between the news release date and the previous spinoff date. This angered me and I sold off Tudor and bought Tueton shares. I trust Tueton will not pull the same stunt on their spinoffs by advising a

[NineLives]

EPL, Eagle plains resources did a similar spin out last year. Put all their royalty properties into a NewCo, ER, Eagle Royalties. When they pushed out the new shares they did it on a quarterly basis so every 1 share for every 3 EPL held was placed into acccounts over a period of a year. Was meant to stop mass selling, didn't work though. Mind you their royalty properties are much further